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Falling inflation in Bavaria - In November, the inflation rate in Bavaria was only 2.8 percent. In October it was still 3.7 percent. According to the State Statistical Office, energy prices have fallen significantly compared to the previous year. What about food prices, rents and ancillary housing costs?
Last year, around 5.5 million people in Germany were unable to heat their homes sufficiently, according to the Federal Statistical Office. This was due to rising energy prices in the wake of the war in Ukraine. This represents an increase compared to 2021 and particularly affected single parents. Around 14.1% of them had difficulties heating their homes adequately for financial reasons. However, with a population share of 6.6%, Germany is below the EU average of 9.3%. Bulgaria had the highest rate at 22.5 percent, while Finland, Luxembourg and Slovenia recorded the lowest percentages
Federal Chancellor Olaf Scholz (SPD) has announced an end to the electricity and gas price brakes at the beginning of next year. This is possible because electricity and gas tariffs are once again available throughout Germany which, although higher than before the crisis, are below the upper limits of the price brakes, Scholz said in a government statement on the budget situation in the Bundestag.
Due to the huge hole in the state coffers following the ruling of the Federal Constitutional Court, Finance Minister Lindner is calling for savings in the billions. The energy price brakes will therefore also expire earlier than expected
The future of green energy will be shaped by progressive decarbonization, digitalization and cross-sector integration. A survey of energy supply and industrial companies shows that significant changes are expected by 2025, including increased price sensitivity and challenges in standardization. The International Energy Agency forecasts a global boom in the solar industry by 2030, while the EU is relying on technologies such as wind and solar energy, heat pumps and electric cars to achieve climate neutrality by 2050. In the first half of 2023, developments in the renewable energy sector were mixed: despite the increase in installations, less renewable electricity was generated in the energy sector, while the heating sector recorded significant growth. Another challenge for 2023 is ensuring grid stability for the energy transition and preventing cyber attacks.
Save water, electricity & time
To avoid expensive electricity prices, there's only one thing to do ? use less energy. This is the best way for consumers to save energy.
Many people are concerned about rising heating costs. There are tips to help you save energy. In this video, we look at the question of whether the heating should be left on or turned off in the evening.
The Bundestag has voted to extend the energy price brakes until the end of March. The EU Commission still has to approve the extension. Prices for new customers have already been well below the price brakes for months in some cases.
Probably the most curious player introduction ever!
The Munich-based "Siemens Energy" group is to receive aid amounting to 15 billion euros - reports the "Handelsblatt". Most of the aid will be provided by banks, but the state is guaranteeing 7.5 billion euros of it. Siemens Energy" has these problems.
"Where you buy energy from has nothing to do with politics and it's not a political statement," says Hungary's Foreign Minister Péter Szijjártó. He added that the country would continue to cooperate pragmatically with Russia. Like many others, they just don't talk about it.
The Munich-based group is negotiating with the federal government about state aid. According to "Wirtschaftswoche," the talks are to involve guarantees for loans of up to 15 billion euros. Siemens Energy is struggling above all with problems in its wind power division.
